When I add a New Contribution, the Financial Type is required, but it is not preselected.
I would like to set a specific Financial Type as a defualt so it is already selected in the Financial Type dropdown when I click on New Contribution.
Is there a setting for this somewhere? I looked thru all the Admin menus but could not find one.
I accepted the answer below about using a hook, but also posted a more detailed answer here: How to create a custom extension/module (with an example)?